Additives and Petroleum Products Joint Stock Company

Additives and Petroleum Products Joint Stock Company

Additives and Petroleum Products Joint Stock Company News:

• VN-Index Plunges to 13-Month Low on Sell-out Force
  There is no ground to convince investors to keep their risk assets amid mountains of bad news, traders said. Steep global slumps continued to weigh on the local investor sentiment while domestic headlines discouraged investors to increase their holdings. The VN-Index, the measure of 253 stocks and five closed-end funds, lost 10.53 points, or 2.42%, to end at 423.89, the
• Licogi 16 to collect approvals for cancelling bonds
  Licogi 16 Joint Stock Company (Licogi 16-coded LCG) announced September 1 as ex-dividend date and September 6 as registration deadline to close the shareholders list to collect approvals for cancelling issuance of convertible bonds and supplementing the management boards members.
• PetroVietnam subsidiary advances 2010 dividend
  In details, Sep 3 would be ex-dividend session and Sep 7 registration deadline to close the shareholders list for advancing first phase dividend in cash with applied rate of 15 percent. The payment date would be Sep 21.
• VN Index extended loss on August 19
  Vietnamese stocks extended loss on August 19 on concerns over high supply in the coming time and still weak liquidity. The benchmark VN Index fell 3.26 points or 0.72% to 452.23. Volume shrank to 31.55 million shares traded for VND873 billion compared to 37.46 million shares traded for VND991.53 billion on August 18.
• Stocks, Bonds Could See Follow-Through Wednesday
  The Dow Tuesday jumped 103 points, or 1 percent to finish at 10,405, in its first win in six sessions. The Dow is also close to being unchanged for the year, down just 0.21 percent, a breakeven level that some traders say could draw in buyers.
• State Bank makes surprise adjustment to value of dong
  The move was also a likely response to the spiking cost of US dollars on the black market. Yesterday morning, the dollar shot up beyond VND19,300, its highest level since the beginning of the year. By 10a.m, the price had risen to VND19,310-19,350.
• Power Generators Report Soaring Profits
  Ninh Binh Thermo-power Company (NBP), for instance, gained an after-tax profit of nearly VND23.6 billion, rising over 8% from the previous quarter. The companys cumulative profit in the years first half rose to VND45.4 billion, nearly three times the target of VND16.3 billion approved at the companys shareholders meeting.
• VN Index Resumes Losing Track on Lack of Supportive News
  The benchmark VN Index gave up 1.24 points or 0.26% to 463.52. Volume squeezed to 36.7 million shares traded for VND1.063 trillion compared to 42.9 million shares traded for VND1.293 trillion on August 16. The lower volume indicated that caution increased but it should be noted that the market closed at the high of the day and the level 460
• HNX-Index Surges on Buying Force
  Excessive panics caused steep slumps in the past weeks, a stock analyst said. "Investors felt calmer after the weekend break," he added. The HNX-Index, the measure of 327 stocks, added 5.14 points, or 3.81%, to 140.11, extending the two-day gains to 6.12%. Last week, the benchmark sank 7.64% and touched the lowest close since May 15, 2009 on Thursday.
• VN-Index Soars on Mounting Risk Appetites
  Stocks on the Hochiminh Stock Exchange (HOSE) opened a new week in a high note to extend the winning streak to two days as investors rushed to buy shares on speculation that shares were attractive cheap. Gains accelerated through the day as bids surged, a stock analyst said. "Mounting buying force sent many shares to close at the high of

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